Zijin Mining Group Company Limited (SEHK:2899) entered into a letter of intent to acquire Harvest Project from Harvest Mining PLC for $0.9 million on July 23, 2021. Upon completion, Zijin will make a cash payment of $0.9 million, developing and operating the Terakimti Oxide Mine and funding 100% of TEHI's obligations related to the development and operation of the Harvest Project. The transaction is subject to required approvals including and not limited to board, regulatory and government and execution of definitive agreement.